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Item 9BCITY OF SOUTH LAKE MEMORANDUM July 27, 2011 TO: Shana Yelverton, City Manager FROM: Stacey Black, Director of Human Resources SUBJECT: Approve a Market Adjustment to the City of Southlake Employee Compensation Program. Action Requested: Approval of a market adjustment to the City of Southlake Employee Compensation Program. Background Information: City Council adopted the compensation program and philosophy when it adopted the Fiscal Year 2007 budget. The City's compensation philosophy is to establish and administer an equitable program that provides for consistent treatment for all employees. The objectives of the program are to maintain a compensation program that is internally equitable, externally competitive, affordable, easy to understand and administer, and is aligned with the City's Strategic Management System. The primary goals of the compensation program are to 1) maintain a competitive edge; 2) attract and retain a quality workforce; and 3) be fiscally sound. To maintain a competitive edge the City adopted a philosophy of maintaining a market position of 103% of the weighted market average of its market cities. Except for a one -time cost of living lump sum payment, all employee pay was frozen in the Fiscal Year 2011 adopted budget and also in the Fiscal Year 2010 adopted budget. Each year, Human Resources conducts a salary survey to assess the City's position relative to the market. The survey captures data from twelve market cities and 70 benchmark positions. To determine the current market position of a pay plan, the survey compares the midpoint of each benchmark position within a pay plan to the weighted market average of the index cities. This year, the survey found that the non - exempt pay plan lags the desired market position by 4 %, the exempt pay plan lags the market by 2 %, and the DPS pay plan lags the market by 7 %. In addition, it found that a small number of executive positions also lag the market by varying degrees. Shana Yelverton, City Manager July 27, 2011 Page 2 Survey Results Pay Plan Desired Market Position Current Market Position Lagging Non - Exemp I _ 1 03% 99% 4% Exempt 103% 101% 2% DPS 103% 96% 7% In order to attain the desired market position, each pay plan requires adjustment. This is accomplished by moving each pay plan structure upwards and providing employees with raises equivalent to the shift. Staff recommends implementing a market adjustment effective July 1, 2011 by bringing the non - exempt and exempt pay plans to the desired market position and by bringing the DIPS pay plan to 101% of the market. This will result in an average employee pay increase of 3.9 %. In addition, a small number of executive positions will also be adjusted to align with the market. Adjusting the pay plans satisfies two of the goals of the compensation program: 1) to maintain a competitive edge and 2) to attract and retain a quality workforce. Financial Considerations: The Fiscal Year 2011 General Fund estimated financial impact is $176,686 and the Fiscal Year 2011 Utility Fund estimated financial impact $16,796. Funding for this request is available in the adopted Fiscal Year 2011 Budget due to personnel vacancies and other various reductions in cost. Therefore, an amendment to the adopted Fiscal Year 2011 budget is not necessary. The Fiscal Year 2012 estimated financial impact to the General Fund is $666,903 and the Fiscal Year 2012 estimated financial impact to the Utility Fund is $62,384. Citizen Input/ Board Review: N/A Legal Review: N/A Alternatives: Deny the request to provide a market adjustment to the compensation program. Employee pay will remain at the originally budgeted FY 2011 level. Shana Yelverton, City Manager July 27, 2011 Page 3 Supporting Documents: N/A Staff Recommendation: Approve the market adjustment to the City of Southlake Employee Compensation Program.